James Turk: Patterns that reveal gold price capping

12:38p ET Monday, August 13, 2007

Dear Friend of GATA and Gold:

In a new essay, GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, has plotted the price of gold against the Dow Jones Industrial Average to illustrate patterns of suppression of the gold price.

Since August 2003, Turk writes, gold and the Dow have been rising together, an unusual occurrence suggesting the decline of the U.S. dollar and the flight into other assets.

Turk credits GATA's Gold Rush 21 conference in Dawson City, Yukon Territory, in August 2005 for dramatically hastening gold's rise by informing an international audience about the efforts of central banks to suppress the price.

Turk's new essay is titled "Patterns that Reveal Gold Price Capping," and you can find it at Jim Puplava's Financial Sense Internet site here:

http://www.financialsense.com/editorials/turk/2007/0813.html

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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